Slowing economy takes toll
By Wang Xiaotian | China Daily | Updated: 2013-08-15 07:21
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All Chinese banks, including State-owned lenders, joint stock banks and urban and rural banks, reported an increase in their non-performing loans, which stood at 539.5 billion yuan at the end of June. Such loans have increased for seven consecutive quarters. Geng Guoqing / For China Daily |
Second-quarter asset quality loses its value
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